With each flat costing a minimum of 1 crore and above, Burj Khalifa remains a destination where Indians visit, gaze at the tallest structure and enjoy some moments of beautiful Dubai views. But, there is one Indian who has more than just one apartment in Burj Khalifa. He is Nereaparambil and he started off just as an ordinary mechanic.
Nereaparambil is an Indian mechanic who is now an owner of 22 flats on a different floor of Burj Khalifa. This man from Kerala is now known to be the largest private investor in one of the tallest buildings, Burj Khalifa.
Nereaparambil started living as a tenant in Burj Khalifa and then purchased one flat in the building with the money he earned while working on a project. Nereaparambil says “Nothing is impossible for me” and hence decided to go forward with much more flats.
After he started living as a tenant in 2010, he bought 22 flats out of 900 in Burj Khalifa within next 6 years. He bought all of them as investments and if he gets further good deals, he would buy some more.
Nereaparambil is now running 16 companies under the Geo group in UAE, which employees nearly 1000 people. These 16 companies were enough to make him one of the richest men in the UAE.
Nereaparambil says he does not mind spending 5.5 crores on the maintenance of his 22 flats. According to further reports, it is said that only 5 out of 22 are rented. He says he does not like to rent his flats because his first tenant has left some scratches on the wall.
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